Pitney Bowes Shares Advice As Mailers Sharpen Pencils for the 2009 Budget
STAMFORD, Conn., December 23, 2008 - Pitney Bowes Inc. (NYSE: PBI), the world’s leading mailstream technology company, offers a broad range of solutions and advice for high volume mailers in today’s tight economy.
“Everyone is looking for an edge, the extra five percent, that penny-per-piece savings,” said Patrick Brand, President, Pitney Bowes Document Messaging Technologies. “There is no silver bullet, but there is a silver lining. During 2008, Pitney Bowes customers have taken steps to redefine what breakthrough performance really means by creating efficiencies and cost savings that have far exceeded their rising costs.”
Pitney Bowes advises high volume mailers on proven ways to apply innovative solutions to drive business results in five key areas:
Pitney Bowes customers have increased net throughput by up to 28% while drastically reducing their labor and footprint requirements by replacing two, three or even five pieces of equipment with a single high performance mail finishing system.
Production IntelligenceTM software enables Pitney Bowes customers to automate production workflow, balance workloads, measure operator performance and redirect jobs to more efficient systems--yielding savings that can be in the millions. More intelligent document output management provides end-to-end control and closed-loop reconciliation that tracks and verifies each and every mail piece throughout the document lifecycle.
By moving from pin-fed to pinless roll-fed paper, Pitney Bowes customers have cut paper costs by as much as 16 percent. The object is to avoid waste altogether rather than finding ways to eliminate it post production. In addition, mail mutilation and outsort rates can be cut significantly with migration to more reliable mail finishing technologies.
Since postage accounts for as much as 70 percent of mail expenses, it’s the best place to look for optimization. Many high volume mailers with Pitney Bowes solutions have already reduced costs, saving an extra nickel on flats, meeting new move update standards and achieving five-digit presort discounts on a higher percent of outgoing mail.
Today, mailers can leverage transactional documents for full color, personalized direct mail campaigns. The new Pitney Bowes P/I Wizard can easily convert legacy statements into revenue generating Transpromo communications.
“If you stay with the status quo, you’ll get the same results,” advised Patrick Brand. “In a tight economy, breakthrough innovations can change the dynamics of your business to deliver the results you really want.”
The flagship innovation from Pitney Bowes this year is the new Mailstream Productivity Series, a new generation of ultra high-speed production mail systems. This new family of intelligent ultra high speed mail finishing systems takes virtually non-stop performance to a new level, running up to 26,000 mail pieces per hour with greater flexibility, and fewer stoppages and outsorts. The systems are driven by the newly designed mailstream engine featuring interchangeable friction and rotary feeders, high productivity inputs and enhanced envelope sealing. The Mailstream Productivity Series redefines performance by leveraging an 18% increase in speed with a 10% increase in reliability into a combined 28% boost in performance.
With speeds of 18,000, 22,000 and 26,000 pieces per hour, the Mailstream Productivity Series offers a built-in upgrade path. This new engineering design enables companies to leverage their initial investment by adding speed and expanding capabilities to their system when business needs change.
About Pitney Bowes
Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 36,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $6.3 billion. More information is available at www.pb.com.